Comparison between M & M Financial IPO and Reliance Home Finance NCD.
M & M Financial IPO is a Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs) NCD proposed to list at BSE while Reliance Home Finance NCD is a Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs) proposed to list at BSE, NSE.
| Mahindra & Mahindra Financial Services Ltd. | Reliance Home Finance Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs) | Unsecured Subordinated Non-Convertible Debentures (Unsecured NCDs) |
| Listing At | BSE | BSE, NSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | ||
| RHP (Base) | ||
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | ||
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Lead Managers | YES Securities (India) Ltd. Edelweiss Financial Services Ltd. Axis Bank Ltd. A.K.Capital Services Ltd. | Edelweiss Financial Services Ltd. Axis Bank Ltd. A.K.Capital Services Ltd. |
| Debenture Trustees | ||
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. M & M Financial IPO issue size is ₹250.00 Cr at an issue price of ₹1,000.00 per NCD. Reliance Home Finance NCD issue size is ₹3,500.00 Cr at a issue price of ₹1,000.00 per NCD.
| Mahindra & Mahindra Financial Services Ltd. | Reliance Home Finance Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹250.00 Cr | ₹3,500.00 Cr |
| Issue Size (Shelf) | ||
| Issue Price | ₹1,000.00 per NCD | ₹1,000.00 per NCD |
| Face Value | ₹1,000.00 per NCD | ₹1,000.00 per NCD |
| Minimum Lot size | 10 NCD | 10 NCD |
| Market Lot | 10 NCD | 10 NCD |
| Credit Rating | ||
| Tenor | ||
| Series | ||
| Payment Frequency |
Offering period of M & M Financial IPO and Reliance Home Finance NCD is mentioned.
| Mahindra & Mahindra Financial Services Ltd. | Reliance Home Finance Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Jul 10, 2017 | Dec 22, 2016 |
| Bid/Offer Closes On | Jul 28, 2017 | Jan 06, 2016 |
In M & M Financial IPO QIBs portion includes and offered are offered to retail investors. In Reliance Home Finance NCD QIBs portion includes and offered are offered to retail investors.
